WritingLaw (Page 76)

6. Mode of determining existence of partnership. In determining whether a group of persons is or is not a firm, or whether a person isRead More →

7. Partnership at will. Where no provision is made by contract between the partners for the duration of their partnership, or for the determination ofRead More →

8. Particular partnership. A person may become a partner with another person in particular adventures or undertakings. Partnership Act full Bare Act Download Partnership ActRead More →

CHAPTER III – RELATIONS OF PARTNERS TO ONE ANOTHER 9. General duties of partners. Partners are bound to carry on the business of the firmRead More →

10. Duty to indemnify for loss caused by fraud. Every partner shall indemnify the firm for any loss caused to it by his fraud inRead More →

11. Determination of rights and duties of partners by contract between the partners. (1) Subject to the provisions of this Act, the mutual rights andRead More →

12. The conduct of the business. Subject to contract between the partners,- (a) every partner has a right to take part in the conduct ofRead More →

13. Mutual rights and liabilities. Subject to contract between the partners,- (a) a partner is not entitled to receive remuneration for taking part in theRead More →

14. The property of the firm. Subject to contract between the partners, the property of the firm includes all property and rights and interests inRead More →

15. Application of the property of the firm. Subject to contract between the partners, the property of the firm shall be held and used byRead More →

16. Personal profits earned by partners. Subject to contract between the partners,- (a) if a partner derives any profit for himself from any transaction ofRead More →

17. Rights and duties of partners. Subject to contract between the partners- (a) after a change in the firm- where a change occurs in theRead More →

CHAPTER IV – RELATIONS OF PARTNERS TO THIRD PARTIES 18. Partner to be agent of the firm. Subject to the provisions of this Act, aRead More →

19. Implied authority of partner as agent of the firm. (1) Subject to the provisions of section 22, the act of a partner which isRead More →

20. Extension and restriction of partner’s implied authority. The partners in a firm may, by contract between the partners, extend or restrict the implied authorityRead More →

21. Partner’s authority in an emergency. A partner has authority, in an emergency, to do all such acts for the purpose of protecting the firmRead More →